Rates as of 0500 GMT Market Recap GBP was far and away the bestperforming currency, as you can see from the chart. No clear trigger that I can find. I assume part of it is just snapback from its recent weak patch. The currency has been under pressure recently with doubts about the pace of […]

With Coinbases highly anticipated direct listing IPO expected to take place next month, options traders appear to be betting that Bitcoin will once again soar to new alltime highs in the coming weeks. On March 24, the founders of crypto analytics firm Glassnode tweeted data suggesting that options traders on peertopeer crypto derivatives exchange, Deribit, […]

Reuters Robotic process automation startup UiPath on Friday disclosed its filing for an initial public offering IPO in New York, weeks after it raised fresh capital from investors at a valuation of 35 billion. UiPath said it is aiming to raise 1 billion in the IPO. The company, however, did not reveal the number of […]

World shares and the dollar zigzagged higher on Friday, as hopes for economic recovery and the weeks easing of global bond market yields helped lift the mood. As the last full week of a hectic first quarter drew to a close, traders were still watching the worlds most costly traffic jam build up in the […]

Indian shares closed higher on Friday, boosted by beatendown financial stocks and a jump in shares of Tata Group companies after the countrys top court ruled in favour of the autostosteel conglomerate. The bluechip NSE Nifty 50 index rose 1.27 to 14,507.30 and the benchmark SP BSE Sensex gained 1.2 to 49,008.50. For the week, […]

SYDNEY, March 26 Reuters The Australian and New Zealand dollars were ending the week deep underwater on Friday as the market gave up on the chance of early rate hikes and pulled bond yields sharply lower. The Aussie was pinned at 0.7590, leaving it down 1.9 for the week and below chart support around 0.761520. […]

TOKYO, March 26 Reuters Japanese shares jumped on Friday, led by a bounce back in tech shares, on bargain hunting after a sharp retreat in the benchmark index Nikkei this week, while overnight Wall Street gains on economic recovery hopes also supported the sentiment. Nikkei share average advanced 1.1 to 29,046.55 by 0156 GMT, while […]

The dollar held near its highest since November against most major currencies on Friday, buoyed by hopes over improving U.S. economic data and the availability of coronavirus vaccines, while the euro recovered from heavy losses a day before. Against a basket of six major currencies, the dollar stood at 92.793, not far off a fourmonth […]

Japanese shares closed higher on Friday, with SoftBank leading the gains on the Nikkei index, as investors scooped up beatendown names after their sharp retreat this week. The Nikkei share average ended 1.56 higher at 29,176.70, while the broader Topix advanced 1.46 to close at 1,984.16. For the week, the Nikkei shed 2 and the […]

Scottish secession from the United Kingdom has for many investors always been the second big risk to Britain from Brexit. The next few months may test that thesis. After more than four years of wrangling with Brussels before Brexit was sealed in January, and 12 months of a pandemic, some gauges of UK economic uncertainty […]